To choose the underlying technology and specific development solutions, the Bank of Lithuania will be organising a hackathon, bringing together tech companies and IT professionals from around the globe.

Having considered all the relevant factors, final decisions on the mintage, denomination, price and the date of issue of the coin as well as the mode of distribution will be made after the hackathon comes to a close…

Szilva, then a 27-year-old firefighter, presented an idea for a giant coin tourist attraction to Sudbury’s Canada Centennial Committee, which was looking for ideas to celebrate the country’s 100th birthday…

Under the Radar

The gold coin itself features a beautiful illustration of Sailor Moon with a warm smile. The silver coin, meanwhile, features Sailor Moon, Sailor Mars, Sailor Venus, Sailor Mercury, and Sailor Jupiter in front of the Moon Kingdom…

Bitcoin & Cryptocurrency

Currently, the ATO considers bitcoin to be an asset rather than money.

The new rules will also extend the jurisdiction of AUSTRAC, Australia’s financial intelligence agency, enabling it to access cryptocurrency exchange records. In addition to following KYC and AML rules, exchanges will be expected to divulge transactions deemed suspicious, as well as any cash transaction in excess of 10,000 Australian dollars…

Overall, Bitcoin’s total electricity consumption is huge. In November last year we reported that Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa.

As of March 2018, that number has increased to 173, which would mean if Bitcoin mining activity were a country it would be the 47th largest consumer on earth (slightly less than Kuwait but more than Greece).

Despite the increase in electricity required to mine Bitcoins and dramatic decline in the price ($11,455 USD at the time of writing), mining remains hugely profitable in certain countries with cheap electricity…

The Tokyo attorney and bankruptcy trustee for the now-defunct Mt. Gox exchange disclosed on Wednesday that he sold about $400 million of Bitcoin and Bitcoin Cash since late September. Kobayashi, who’s liquidating the tokens on behalf of Mt. Gox creditors, has another $1.9 billion to offload…

Aubrey Trail is back in a Nebraska jail and returned to court Wednesday, where he told a federal judge he wants to represent himself at trial on 14 federal charges for allegedly swindling a Kansas couple of hundreds of thousands of dollars.

The 51-year-old is a person of interest in the November disappearance and death of Sydney Loofe. He has a penchant for calling the news media with details and confessions. His letter to a judge led to the hearing…

Counterfeit Cavalcade

Newspaper articles in the late 1850s began warning of the danger of counterfeit bank notes that had been made using photography. Both had appeared in the United States in the 1830s after President Andrew Jackson eliminated the federal banking system, allowing private banks to issue paper currency under guidelines set by each state. At one point, forgeries accounted for 40 percent of the nation’s currency, with photography often to blame…

Gold, Precious Metals & Bullion

The world’s second largest nugget in existence, the Great Triangle, was excavated in 1842 in the Miass area of the Russian Urals. The triangular-shaped nugget, owned by the Russian state, weighs 36.2 kg, including a fine gold content of 32.94 kg, or 1,059 troy ounces. The Great Triangle is on display in the Russia’s ‘Diamond Fund’ collection in the Moscow Kremlin…

Metal Detecting, Treasure & Archaeology

The Netherlands Times reports that a cache of fifteenth-century coins was discovered during construction work in the central Netherlands. The collection of 12 gold and hundreds of silver coins was found in a glazed earthenware cooking pot. Fabric in the pot suggests the coins had been placed in textile bags or wrapped in cloth. The coins bear images of King Henry VI of England, Bishop of Utrecht David of Burgundy, and Pope Paul II.